Watkins family eyeing options for Beach Club property

http://www.naplesnews.com/story/news/local/2016/10/10/watkins-family-eyeing-options-beach-club-property/91868542/

Well this is a bit of a surprise - they may just find a partner or completely sell they seem open to different options.

Mike Watkins confirmed Monday that the family has enlisted a "well-respected international real estate firm" to look into options for the iconic hotel-golf course property that stretches from the beach to U.S. 41 in the heart of Naples.

The 10 Best Cities to Flip Houses

http://www.msn.com/en-us/money/realestate/the-10-best-cities-to-flip-houses/ss-BBwHnpg#image=2

Flipping has become more and more difficult in Collier County however here is where it is still good!

LAREDO, TEXAS
BOISE, IDAHO
NEW ORLEANS
TAMPA, FLORIDA
LUBBOCK, TEXAS
LINCOLN, NEBRASKA
OKLAHOMA CITY
EL PASO, TEXAS
FORT WAYNE, INDIANA
SIOUX FALLS, SOUTH DAKOTA

6 Things You Need to Know About PMI

http://www.msn.com/en-us/money/realestate/6-things-you-need-to-know-about-pmi/ar-BBx2dWR


PMI is private mortgage insurance that is used with conventional loans. Insurance companies provide PMI, which is arranged by your lender to protect them if the borrower stops making payments.
But this only applies to mortgages where the down payment was less than 20 percent of a home’s

• PMI Doesn’t Protect You, It Protects Your Lender
• Different Types of Mortgage Insurance Programs Are Available
• PMI Costs Vary by Credit Score and Down Payment Amount
• PMI Premiums Could Be Due Upfront
• PMI Is Not the Same as Mortgage Life Insurance
• How to Get Rid of PMI

12 Things Insurance Might Not Cover After Hurricane Matthew

http://www.msn.com/en-us/money/insurance/12-things-insurance-might-not-cover-after-hurricane-matthew/ar-BBx9k5Q?li=BBnbfcL

In Florida hurricanes are a part of life. It has been quite some time since we have had one but here are a few things insurance might not cover:

1. Flood
2. Your Deductible
3. Expensive Items
4. Damage Caused By Mold, Sewer, Drain Backups & Sump Overflow
5. If You're a Renter
6. Damage From Sinkholes
7. If the Ground Shifts During the Storm & Causes Damage
8. Replacement Costs vs. Cash Value
9. Trees
10. Wind Damage If You're in a High Risk Area
11. Replacing Your Mobile Home
12. Identity Theft.

4 Lawn Maintenance Tips for Fall

http://realtormag.realtor.org/daily-news/2016/10/07/4-lawn-maintenance-tips-for-fall?om_rid=AADG2i&om_mid=_BX9$T6B9ThJtIs&om_ntype=RMODaily

The fall leaves are beautiful however it is important to maintain your yard now so it looks amazing in spring.  Here are a few reminders. 

1. Rake

2. Seed & Fertilize

3. Trim

4. Out with the Old

An heiress to the Johnson & Johnson fortune is selling her 600-acre farm for $28.5 million

http://www.msn.com/en-us/money/realestate/an-heiress-to-the-johnson-and-johnson-fortune-is-selling-her-600-acre-farm-for-dollar285-million/ss-BBwUcxB#image=1

What an amazing property!

Elizabeth Ross "Libet" Johnson, a Johnson & Johnson heiress with an appetite for high-end real estate, is selling her Millbrook, New York, horse farm The Wall Street Journal reported. Set on more than 600 stunning acres of land, Lightning Tree Farm has a private helipad and an 18-stall horse stable. The property is also host to a large main house with nine bedrooms, eight bathrooms, and a movie theater.

Predictions Roll in: 2017 Housing Forecasts

http://realtormag.realtor.org/daily-news/2016/10/03/predictions-roll-in-2017-housing-forecasts?om_rid=AADG2i&om_mid=_BX8s3dB9TOylKm&om_ntype=RMODaily

Wow - this is great. We are selling and homeowners are accumulating wealth.

NAR is predicting existing-home sales to reach 6 million in 2017, higher than its 5.8 million forecast for this year. But other entities are even more bullish. MBA is predicting home sales to eclipse 6.5 million next year, while Fannie Mae and Freddie Mac are both predicting 6.2 million.